MFS Lifetime Income R2 (MLLGX)
| Fund Assets | 545.15M |
| Expense Ratio | 0.94% |
| Min. Investment | $1,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.89 |
| Dividend Yield | 7.17% |
| Dividend Growth | 17.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.47 |
| YTD Return | 3.31% |
| 1-Year Return | 7.30% |
| 5-Year Return | 14.43% |
| 52-Week Low | 12.21 |
| 52-Week High | 12.83 |
| Beta (5Y) | 0.40 |
| Holdings | 27 |
| Inception Date | Sep 29, 2005 |
About MLLGX
MFS Lifetime Income Fund Class R2 is a mutual fund designed to provide investors with sustainable income throughout retirement by utilizing a diversified, multi-asset approach. Its primary function is to generate total return through a blend of current income and capital appreciation, making it suitable for those already in or entering retirement. The fund achieves this by following a 'fund of funds' strategy—allocating assets across other MFS mutual funds, with a typical target allocation of approximately 70% in bond funds, 20% in U.S. stock funds, and 10% in cash funds. This structure aims for both principal preservation and moderate growth potential, balancing risk and reward as retirement needs evolve. The fund regularly rebalances its holdings to maintain its conservative profile, emphasizing fixed income and global diversification. Its monthly dividend payouts and relatively low volatility, reflected in a five-year beta of 0.41, make it a notable option for income-focused retirees. Since its inception in 2005, the fund has exemplified a systematic approach to supporting retirement financial goals, standing out within the target-date retirement fund category.
Performance
MLLGX had a total return of 7.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.55%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
78.80% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Total Return Bond R6 | MRBKX | 20.01% |
| MFS Limited Maturity R6 | MQLKX | 19.98% |
| MFS Inflation-Adjusted Bond R6 | MIAKX | 10.02% |
| MFS Government Securities R6 | MFGKX | 10.01% |
| MFS Global Opportunistic Bd R6 | MGBOX | 7.01% |
| MFS Blended Research Mid Cap Eq R6 | BMSYX | 3.02% |
| MFS Blended Research Intl Eq R6 | BRXVX | 2.77% |
| MFS Blended Research Value Equity R6 | BRUNX | 2.01% |
| MFS High Income R6 | MHIKX | 2.00% |
| MFS Value R6 | MEIKX | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02497 | Jul 1, 2026 |
| May 29, 2026 | $0.02489 | Jun 1, 2026 |
| May 19, 2026 | $0.23551 | May 20, 2026 |
| Apr 30, 2026 | $0.02243 | May 1, 2026 |
| Mar 31, 2026 | $0.02236 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02238 | Mar 2, 2026 |